LAMP LED big factory Wright shares listed new three board

Recently, Shenzhen Wright Optoelectronics Co., Ltd. has officially listed on the New Third Board.

According to the disclosure of the National Stock Transfer System (New Third Board), Wright was established in August 2004 and was officially changed from a limited company to a joint stock company in August 2015.

Wright has two wholly-owned subsidiaries and one grand company, namely Dongguan Wright, LIGHT.ELECTRONIC CO., LTD (BVI Wright) and Fuda Global Co., Ltd.

At present, the company's largest shareholder is Feng Haitao, holding 35.42% of the company's shareholding ratio. In the past two years, the actual controller of the company has been Feng Haitao, and has not changed.

In 2013, 2014 and January-September 2015, Wright's main business income was 146 million yuan, 159 million yuan and 0.71 billion yuan, net profit was 8,297,600 yuan, 11.68 million yuan and 3,361,400 yuan, net sales. Interest rates are 5.68%, 7.36% and 4.74%.

Among them, the main business income comes from two categories of income from self-produced products (LAMP LED) and agency business (SMD LED), and the proportion of revenue from self-produced products increases gradually. During the reporting period, the main business income accounted for 100%, 100%, and 99.27%, respectively, and the main business was outstanding.

The main components of operating income during the reporting period

The company's profits are mainly derived from self-produced sales of LED optoelectronic products and agents. During the reporting period, the company's sales gross profit was 29.25.59 million yuan, 35.315 million yuan and 15.54 million yuan respectively. In 2014, the gross profit of sales increased by RMB 6,057,900 compared with 2013, an increase of 20.71% year-on-year, mainly due to the large scale of business of self-produced products – infrared touch products with the maturity of technology in 2014.

Details of the company's self-produced product income during the reporting period

After the annualized income of the company from January to September 2015, the income scale decreased significantly compared with 2013 and 2014, mainly due to the company's adjustment of development strategy in 2015, the initiative to reduce agency business, and gradually expand self-production. Product business scale.

During the reporting period, the proportion of agency business decreased from 65.62% and 64.79% in 2013 and 2014 to 40.27% in January-September 2015. The business revenue structure matched the company strategy.

“The company is committed to further improving the quality of its self-produced products in the future, and strives to further enhance the competitiveness and profitability of the company's products through the production of high-end products. Therefore, it gradually reduces the scale of agency business.” The share transfer information mentioned.

Nowadays, the LED application field is expanding and the market prospect is promising. In recent years, new competitors have entered. The ordinary Lamp LED market has been in a low-cost, low-level competition. In the mid-to-high-end market, the key industrial production technologies for high-quality Lamp LED and SMD LED are still only mastered by a few large enterprises, and the industry entry threshold is still high.

In order to better expand overseas business, Wright has established its overseas subsidiary, Fuda Global. For the purpose of avoiding competition in the same industry, the company has acquired BVI Wright, an overseas peer company controlled by the controlling shareholder and actual controller Feng Haitao. Export revenues are mainly derived from BVI Wright.

WOSEN is a professional manufacturer and supplier of Led Flood Light, Led Street Light, Led Solar Light, etc. For more information, please visit https://www.wosenled.com/ or contact admin@wosenled.com or WhatsApp +86-13425434349